Which has the lower trailing P/E, CMS or PPL?

CMS has the lower trailing P/E: CMS trades at 19.72 and PPL at 21.47. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, CMS or PPL?

Over the past five years, PPL grew revenue faster — CMS at a 5.66% CAGR versus PPL at 8.87%.

Does CMS or PPL pay a bigger dividend?

CMS yields 3.09% and PPL yields 3.17% based on trailing dividends and the latest price.

Is CMS or PPL more profitable?

PPL runs the higher net margin — CMS at 12.55% versus PPL at 13.09%.

How have CMS and PPL total returns compared?

Over the past 10 years, CMS delivered 7.91% and PPL delivered 3.77% annualized total return. Past performance doesn't predict future results.

CMS Energy Corporation (CMS) vs PPL Corporation (PPL)

A side-by-side comparison of CMS Energy Corporation and PPL Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 1, 2026. Differences are shown without an overall score or investment verdict.

CMS

CMS Energy Corporation

$22.57B

$71.99UtilitiesAt close: Jul 31, 2026, 4:00 PM ET

PPL

PPL Corporation

$26.49B

$35.21UtilitiesAt close: Jul 31, 2026, 4:00 PM ET

Total return — CMS vs PPL

growth of $100 · dividends reinvested · last 30y

CMS +504.6%PPL +1254.9%PPL compounded faster

CMS PPL

CMS vs PPL: by the numbers

•PPL is the larger company ($26.49B vs $22.57B market cap).
•CMS trades at the lower trailing earnings multiple (19.72 vs 21.47 P/E), one valuation lens rather than an overall verdict.
•PPL converts more revenue to profit (13.09% vs 12.55% net margin).
•PPL grew revenue faster over the past five years (8.87% vs 5.66% CAGR).
•PPL pays the higher dividend yield (3.17% vs 3.09%).

Metrics side by side

Valuation

Metric	CMS	PPL
P/E ratio	19.72	21.47
Forward P/E	18.59	18.05
P/S ratio	2.45	2.86
P/B ratio	2.29	1.78
PEG ratio	3.48	0.98
EV / EBITDA	13.96	12.49

Profitability

Metric	CMS	PPL
Gross margin	64.61%	35.29%
Operating margin	19.53%	23.50%
Net margin	12.55%	13.09%
ROE	11.69%	8.12%
ROIC	3.67%	4.06%

Dividends

Metric	CMS	PPL
Dividend yield	3.09%	3.17%
Payout ratio	63.03%	70.13%

Growth (annualized)

Metric	CMS	PPL
Revenue CAGR (5Y)	5.66%	8.87%
EPS CAGR (5Y)	5.90%	-3.60%
FCF CAGR (5Y)	-16.59%	-4.92%
Total return CAGR (5Y)	6.32%	8.20%

Frequently asked

Which has the lower trailing P/E, CMS or PPL?: CMS has the lower trailing P/E: CMS trades at 19.72 and PPL at 21.47. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, CMS or PPL?: Over the past five years, PPL grew revenue faster — CMS at a 5.66% CAGR versus PPL at 8.87%.
Does CMS or PPL pay a bigger dividend?: CMS yields 3.09% and PPL yields 3.17% based on trailing dividends and the latest price.
Is CMS or PPL more profitable?: PPL runs the higher net margin — CMS at 12.55% versus PPL at 13.09%.
How have CMS and PPL total returns compared?: Over the past 10 years, CMS delivered 7.91% and PPL delivered 3.77% annualized total return. Past performance doesn't predict future results.

Go deeper

Full CMS analysis Full PPL analysis Interactive comparison tool

Dig into the metrics

CMS Energy P/E ratio PPL P/E ratio CMS Energy dividend yield PPL dividend yield CMS Energy ROE PPL ROE CMS Energy operating margin PPL operating margin CMS Energy revenue growth PPL revenue growth CMS Energy free cash flow PPL free cash flow

CMS Energy & PPL appear in these rankings

Highest Dividend Yield Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified August 1, 2026.